Market News and Commentary November 13

The story of the day has got to be the GE wipeout. It’s not just GE. Many companies are paying dividends they can’t afford to bribe shareholders. We have warned for years now that they are borrowing money to pay dividends. From Oil companies to car companies to banks. They are all playing the game. This will end up in tears. And we have a lot of other great stories to talk about.